uber fuzz

Terms of Use

Shell unveils new $3.5bn share buy-back after higher profits than expected


Read More

Despite payouts the oil and gas giant faces growing investor pressure to address its carbon emissions

Shell will shower its shareholders with another $3.5bn (£2.8bn) in share buy-backs over the next quarter after reporting better than expected profits of almost $8bn for the first three months of the year.

The company reported adjusted earnings of $7.7bn for the first quarter, below the $9.6bn earned in the same quarter last year but well above analyst predictions of $6.5bn.

Continue reading…Despite payouts the oil and gas giant faces growing investor pressure to address its carbon emissionsShell will shower its shareholders with another $3.5bn (£2.8bn) in share buy-backs over the next quarter after reporting better than expected profits of almost $8bn for the first three months of the year.The company reported adjusted earnings of $7.7bn for the first quarter, below the $9.6bn earned in the same quarter last year but well above analyst predictions of $6.5bn. Continue reading…